Silver miners rise as dollar softens and Strait of Hormuz remains open

Hecla Mining Co

17/04/2026 14:47

Updates

** Shares of silver miners rise, tracking prices of the white metal GOL/

** Spot silver XAG= last up 3.8% at $81.41 per ounce

** Prices rise due to softer dollar and comments from Iran's foreign minister that passage through the Strait of Hormuz remains open during the ceasefire

** Shares of miners Hecla HL.N and Coeur CDE.N both up ~5%

** Canadian miners Endeavour Silver EDR.TO and Silvercorp Metals SVM.TO advance 6.6% and 4.5%, respectively

** Abrdn Physical Silver Shares ETF SIVR.P and iShares Silver Trust SLV.P both inch up 4.3%

 (Reporting by Dharna Bafna in Bengaluru)

 ((dharna.bafna@thomsonreuters.com))